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A budget manager is responsible for overseeing an organization's financial planning and budgeting processes. They analyze financial data, identify areas of improvement, and develop budget plans to ensure the efficient allocation of resources. Budget managers work closely with department heads and executives to establish budget goals and monitor spending to ensure compliance. They also provide financial reports and forecasts to support decision-making and address any budget-related issues. Additionally, budget managers may conduct cost analysis, review financial policies and procedures, and implement strategies to maximize financial performance.
Estimated Yearly Salary: 149,050 EUR
Estimated Monthly Salary: 12,421 EUR
Estimated Weekly Salary: 2,866 EUR per week
Estimated Hourly Salary: 72 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,012 EUR
Estimated Weekly Salary: 2,772 EUR per week
Estimated Hourly Salary: 69 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 149,323 USD
Estimated Monthly Salary: 12,444 USD
Estimated Weekly Salary: 2,872 USD per week
Estimated Hourly Salary: 72 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 149,050 EUR
Estimated Monthly Salary: 12,421 EUR
Estimated Weekly Salary: 2,866 EUR per week
Estimated Hourly Salary: 72 EUR per hour
By working as Budget Manager a person can save up to 8,796 USD per month or 105,547 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Luxembourg, see costs of living in Luxembourg.
Estimated Yearly Salary for Budget Manager
Last revision of data: 2025-01-04
Data as of 2025
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Budget Manager salary in Luxembourg
Average Yearly Salary of Budget Manager in Luxembourg is approximately 149,050 EUR (149,323 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Budget Manager do?
A budget manager is responsible for overseeing an organization's financial planning and budgeting processes. They analyze financial data, identify areas of improvement, and develop budget plans to ensure the efficient allocation of resources. Budget managers work closely with department heads and executives to establish budget goals and monitor spending to ensure compliance. They also provide financial reports and forecasts to support decision-making and address any budget-related issues. Additionally, budget managers may conduct cost analysis, review financial policies and procedures, and implement strategies to maximize financial performance.
Skills: Budgeting, Financial Planning, Resource Allocation, Cost Analysis, Financial Reporting, Decision-making
Job industry: Finance
Job industry: Finance
How much does Budget Manager make?
Salary details
How much does Budget Manager make?Estimated Yearly Salary: 149,050 EUR
Estimated Monthly Salary: 12,421 EUR
Estimated Weekly Salary: 2,866 EUR per week
Estimated Hourly Salary: 72 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 144,142 EUREstimated Monthly Salary: 12,012 EUR
Estimated Weekly Salary: 2,772 EUR per week
Estimated Hourly Salary: 69 EUR per hour
Last revision of data: 2024-01-02Budget Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 149,323 USD
Estimated Monthly Salary: 12,444 USD
Estimated Weekly Salary: 2,872 USD per week
Estimated Hourly Salary: 72 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Luxembourg is a small landlocked country located in Western Europe. With a population of approximately 633,000 people, it is one of the smallest countries in the European Union. Despite its size, Luxembourg boasts a highly developed economy and is known for its political stability and high standard of living.
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Budget Manager job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Budget Manager in Luxembourg earns on average:
1.8 times the average salary (or 180% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Budget Manager job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Budget Manager in Luxembourg earns on average:
1.8 times the average salary (or 180% of average salary).
Is Budget Manager a well paid job?
Yes, our data shows that Budget Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Budget Manager?
High salary for Budget Manager would be somewhere between 163,955 EUR and 216,123 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Budget Manager in Luxembourg?
Living in Luxembourg the approximate monthly expenses are: 3,648 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 149,050 EUR
Estimated Monthly Salary: 12,421 EUR
Estimated Weekly Salary: 2,866 EUR per week
Estimated Hourly Salary: 72 EUR per hour
By working as Budget Manager a person can save up to 8,796 USD per month or 105,547 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Luxembourg, see costs of living in Luxembourg.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belgium, Germany, France. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Budget Manager
Belgium is 79,641 USD
Germany is 87,586 USD
France is 75,064 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Luxembourg
(950,355 EUR per year, pre-tax.)
2. Cardiologist
(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)
Data as of 2025Random salary:
Chemical engineer (98,998 EUR per year, pre-tax.)
Head custodian (56,568 EUR per year, pre-tax.)
Regional supervisor retail (116,189 EUR per year, pre-tax.)
Sales support specialist (89,341 EUR per year, pre-tax.)
It audit associate (76,353 EUR per year, pre-tax.)
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